Funding you earn now, next payment 08:00 UTC+0.0393%/8h= +43.1% APRnext payment +$1.97 per $10,000 · paid last 24h +0.053%
Price spread now: OKX against Gate−0.473%7-day average −0.270% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,271as in the Price arb table
costs, in and out, $10k−$1,25012.504% of the position
Funding, last 7 days−0.208%−$21 on $10k
+Price spread, last 4 days (all we have)+0.338%+$34 · spread now −0.473%, 7d avg −0.270%
=Funding pays, the price is against you. OKX is 0.203% cheaper against Gate than usual: you would sell low and buy high (spread −0.473% now, against its 7-day average of −0.270%). If the spread goes back, that is −$20 on $10k: about 41 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −0.208%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.208% in total (about -10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.97 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate AEON_USDT | 0.06129 | 0.0100 | pay 0.0050% / 4h | 1h 42m | $587K | $279K | 20x |
| Short | OKX AEON-USDT-SWAP | 0.06100 | 0.0493 | get 0.0247% / 4h | 1h 42m | $1.8M | $6.7M | 20x |
Gate AEON_USDT
OKX AEON-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $82.61
- Price spread: −0.473% → −0.270%
- −$20.29
- Slippage, 4 orders
- −$1,225.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$1,188.05
- Costs to cover
- 12.504%
- Break-even
- 107.7 days
Slippage from Gate: live order book, 64 min ago; OKX: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 64 min ago | 14.72 bp | 667.9 bp −$668 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 4.07 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
AEON on 6 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster AEONUSDT | +0.0100% | 1h | 0.06086 | −0.697% | $36K | $32K | 5x | as long as short |
| Bybit AEONUSDT | +0.0100% | 4h | 0.06103 | −0.424% | $517K | $202K | 25x | as long as short |
| Gate AEON_USDTlong | +0.0100% | 4h | 0.06129 | long leg | $587K | $279K | 20x | |
| Bitget AEONUSDT | +0.0100% | 4h | 0.06110 | −0.310% | $2.1M | $753K | 20x | as long as short |
| KuCoin AEONUSDTM | +0.0196% | 4h | 0.06105 | −0.392% | $1.0M | $1.7M | 20x | as long as short |
| OKX AEON-USDT-SWAPshort | +0.0493% | 4h | 0.06100 | −0.473% | $1.8M | $6.7M | 20x |
Aster AEONUSDT
Bybit AEONUSDT
Bitget AEONUSDT
KuCoin AEONUSDTM